United States Antimony Co. (NYSEAMERICAN:UAMY) Receives Consensus Rating of “Buy” from Analysts

Shares of United States Antimony Co. (NYSEAMERICAN:UAMY) have received a consensus rating of “Buy” from the five ratings firms that are presently covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $6.0833.

Several equities analysts have issued reports on the stock. HC Wainwright upped their price objective on shares of United States Antimony from $8.50 to $10.25 and gave the company a “buy” rating in a research note on Thursday, November 13th. William Blair assumed coverage on United States Antimony in a research report on Monday, October 20th. They issued an “outperform” rating for the company.

United States Antimony Stock Up 6.5%

NYSEAMERICAN UAMY opened at $10.85 on Friday. The stock has a market capitalization of $1.52 billion, a PE ratio of -1,085.00 and a beta of -0.01. The firm has a 50 day moving average of $6.56 and a two-hundred day moving average of $6.36. United States Antimony has a 52 week low of $1.21 and a 52 week high of $19.71.

United States Antimony (NYSEAMERICAN:UAMY) last announced its quarterly earnings results on Wednesday, November 12th. The company reported ($0.04) earnings per share (EPS) for the quarter. The business had revenue of $8.70 million for the quarter. United States Antimony had a negative return on equity of 11.58% and a negative net margin of 15.49%. On average, equities research analysts expect that United States Antimony will post -0.01 earnings per share for the current fiscal year.

Institutional Investors Weigh In On United States Antimony

Institutional investors and hedge funds have recently made changes to their positions in the business. Segall Bryant & Hamill LLC purchased a new stake in United States Antimony during the 3rd quarter valued at approximately $15,384,000. Geode Capital Management LLC lifted its stake in shares of United States Antimony by 144.6% in the 2nd quarter. Geode Capital Management LLC now owns 1,955,494 shares of the company’s stock worth $4,264,000 after acquiring an additional 1,156,021 shares during the period. Vanguard Group Inc. boosted its holdings in shares of United States Antimony by 22.5% in the third quarter. Vanguard Group Inc. now owns 5,597,951 shares of the company’s stock valued at $34,707,000 after acquiring an additional 1,026,412 shares in the last quarter. Jump Financial LLC purchased a new stake in shares of United States Antimony in the third quarter valued at about $4,305,000. Finally, Invesco Ltd. increased its stake in shares of United States Antimony by 739.0% during the third quarter. Invesco Ltd. now owns 506,925 shares of the company’s stock worth $3,143,000 after acquiring an additional 446,503 shares during the period. 9.49% of the stock is owned by hedge funds and other institutional investors.

About United States Antimony

United States Antimony Corporation is a specialized mining and chemical company focused primarily on the production and processing of antimony and antimony-based compounds. The company operates its own extraction and milling facilities to recover antimony metal and antimony trioxide, which serve as critical raw materials in industries such as flame retardants for plastics and textiles, catalysts for chemical processes, and additives for glass and ceramics. In addition to antimony, United States Antimony maintains smaller-scale gold and silver operations in Mexico that provide supplementary revenue streams and diversification of its mineral portfolio.

Founded in the mid-20th century, United States Antimony has evolved from a single‐mine operator into a multinational enterprise with mining and processing sites in both the United States and Mexico.